Buffett Believes Current Crisis in Japan Presents a Buying Opportunity

“If I owned Japanese stocks, I would certainly not be selling them because of the events of the past 10 days or so. “Something out of the blue like this, an extraordinary event, really creates a buying opportunity.”

Buffet is visiting South Korea, one of his favorite “hunting grounds.” He has lots of money to invest and he is interested in very big companies. South Korea has plenty.